Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 28 January 1947.
Mr Ronald Ross
, County Londonderry
12:00,
28 January 1947
asked the Chancellor of the exchequer whether, in view of the fact that amateur rowing is the only sport which can always be watched by the public without charge, he will now consider abolishing Purchase Tax on racing boats and oars.
Sir Douglas Dodds-Parker
, Banbury
asked the Chancellor of the exchequer whether he will consider, when making proposals for his coming Budget, making allowance for those who have bought annuities and who thereby pay tax, not only on income, but also on capital.
Mr John Baird
, Wolverhampton East
asked the Chancellor of the exchequer if he will now consider removing the Purchase Tax on toothbrushes, in view of the fact that brushes used for sweeping floors and for other household purposes have always been exempt from this tax.
Mr Hugh Dalton
, Bishop Auckland
The hon. Members will not expect me to anticipate my Budget Statement.
Mr Ronald Ross
, County Londonderry
Is it the policy of the Government that amateur rowing should be reserved for the rich alone?
Mr Hugh Dalton
, Bishop Auckland
We would not lay that down as a principle.
Lieut-Commander Joseph Braithwaite
, Holderness
Will the right hon. Gentleman follow the same procedure in this year's Finance Bill as in the last, by which a form of Dutch auction was conducted regarding concessions from Purchase Tax?
Mr Hugh Dalton
, Bishop Auckland
I will follow the procedure of last year by listening to what is said on the Committee stage of the Bill before finally deciding to reject or accept a particular proposition.
The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.